Problem 7-15 You are offered $1,100 after six years (Offer 1) or $150 a year for six years (Offer 2). If you can earn 5 percent on your funds, calculate the future values of both payments. Use Appendix C to answer the question. Round your answers to the nearest dollar. FV (Offer 1): $ FV (Offer 2): $ Which offer will you accept? -Select- If you can earn 12 percent on your funds, calculate the future values of both payments. Use Appendix C to answer the question. Round your answers to the nearest dollar. FV (Offer 1): $ FV (Offer 2): $ Which offer will you accept, if you can earn 12 percent on your funds? -Select- v Why are your answers different? The choices are different as the higher interest rate -Select